CME speeds up product identification

chicago-mercantile-exchange-cme

CME introduced Fast Protocol compression in 2007 to reduce the amount of bandwidth required to distribute futures and options data from the exchange and then-new acquisition the Chicago Board of Trade. Using the Fast Protocol to compress data before distribution over CME’s network typically reduced message size by between 50% and 70%, though it required firms to decode each message from the Fast-encoded format.

The latest release removes the need to decode every message by tagging each with a

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